UPDATE 1-South Africa’s Investec says well placed to support clients
South African financial
services firm Investec said on Thursday it has strong liquidity
and capital to support its clients, but warned that lending will
be muted, impairments will rise and interest income will be hit
by the coronavirus crisis.
services firm Investec said on Thursday it has strong liquidity
and capital to support its clients, but warned that lending will
be muted, impairments will rise and interest income will be hit
by the coronavirus crisis.
Posted by Reuters